Get Paid To Rest

Do you consider yourself an active crypto trader? Working your orders on ErisX may help you decrease your trading costs. If you keep passive, competitive orders on the market, ErisX will reward you with real-time rebates for your contribution to price discovery.

To access and confidently trade cryptocurrencies on ErisX’s platform please Sign up.

Trading the Basis

Trading the basis is a well-known trading strategy requiring a spot and regulated futures market. Conveniently, ErisX has both on one, innovative platform.

Basis trading is a type of arbitrage that involves simultaneously taking offsetting positions in the spot and futures market of the same commodity to benefit from differences in pricing. The difference is called the basis. While we do not give investment advice, we would like to give an example of what we are describing; If a trader was able to buy Ether at a price of $395 and was then able to sell the equivalent amount of futures contracts at $398, they could lock in a price differential with a profitable $3 basis per contract. (It is also possible to lose money if a positive price differential cannot be locked in.)

Our spot market currently offers trading in Bitcoin, Bitcoin Cash, Ether and Litecoin. Our futures exchange currently offers physically delivered Bitcoin contracts and (the first U.S. based) Ether contracts. Members sell futures contracts and use their Bitcoin or Ether holdings as collateral. A benefit to physically delivered contracts is avoiding potential risk of slippage that could occur in cash settled products where the spot price moves after settlement but before delivery.

To access and confidently trade cryptocurrencies on ErisX’s platform please Sign up.

Physically Delivered Futures

ErisX’s physically delivered futures contracts reduce basis risk, a dislocation between spot and futures prices. Position holders receive the underlying commodity at expiration, and can leverage coins for collateral to enter into a short futures position. ErisX’s futures market and trading platform provides risk management and price discovery tools on cryptocurrency for miners, hedgers and investors that need it.

To access and confidently trade cryptocurrencies on ErisX’s platform please Sign up or Sign In.